Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Divestitures (Tables)

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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2013
Business Acquisition Pro Forma Information Incremental Item
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Purchase Price Allocation for Acquisition

The following table presents the purchase price allocation, including adjustments, for the acquisition of the Newfield Properties (in thousands):

 

Oil and natural gas properties and equipment

$

  237,396

 

Asset retirement obligations – current

 

(7,250

)

Asset retirement obligations – non-current

 

(24,414

)

Total cash paid

$

  205,732

 

 

Summary of Pro Forma Condensed Combined Statements of Income

The following table presents a summary of our pro forma financial information (in thousands except earnings per share):

 

 

Three Months
Ended
June 30, 2012

 

Six Months
Ended
June 30, 2012

Revenue

$

  244,987

  

$

  524,094

Net income

 

  51,226

 

 

  59,387

Basic and diluted earnings per common share

 

  0.67

 

 

  0.78